History of Economic Thought a Critical Account of the Origin And Development of
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In our eReader you can find the full English version of the book. Read History of Economic Thought a Critical Account of the Origin And Development of Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book History of Economic Thought a Critical Account of the Origin And Development of
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He attempts to get around them, (i) by conceiving of all labor power and all values as funded into homogeneous social aggregates, divisible into equal units ; (2) by limiting his conclusion to " normal conditions of production " and " the average degree of skill and intensity prevalent at the time. " Having thus defined value and based it upon labor time, Marx proceeds to argue that capitalists secure a surplus of value in hiring labor. In itself an old idea, Marx elaborates its argument somewh...at. Assuming that the exchange value of a day's labor power is a certain sum, determined by the fact that the means of subsistence required for the day cost half a day's labor, he argues that this does not prevent his working a whole day, nor determine the value of the laborer's daily prod- uct. The capitalist, in short, buys of the laborer the " use- value " of a day's labor power for its exchange value or cost, and the difference is his surplus. 1 Criticism of the main points in Marx's economic theories must be adverse.
What to read after History of Economic Thought a Critical Account of the Origin And Development of?
You can find similar books in the "Read Also" column, or choose other free books by Lewis H Lewis Henry Haney to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He attempts to get around them, (i) by conceiving of all labor power and all values as funded into homogeneous social aggregates, divisible into equal units ; (2) by limiting his conclusion to " normal conditions of production " and " the average degree of skill and intensity prevalent at the time. " Having thus defined value and based it upon labor time, Marx proceeds to argue that capitalists secure a surplus of value in hiring labor. In itself an old idea, Marx elaborates its argument somewh...at. Assuming that the exchange value of a day's labor power is a certain sum, determined by the fact that the means of subsistence required for the day cost half a day's labor, he argues that this does not prevent his working a whole day, nor determine the value of the laborer's daily prod- uct. The capitalist, in short, buys of the laborer the " use- value " of a day's labor power for its exchange value or cost, and the difference is his surplus. 1 Criticism of the main points in Marx's economic theories must be adverse.
What to read after History of Economic Thought a Critical Account of the Origin And Development of?
You can find similar books in the "Read Also" column, or choose other free books by Lewis H Lewis Henry Haney to read onlineMoreLess
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